Restructuring
Restructuring in the UK retail sector involves the strategic changes retailers make to strengthen their financial position, streamline operations, and adapt to evolving market conditions. Retail Sector provides comprehensive coverage of restructuring activity, including breaking news on administrations, CVAs, and refinancing deals, alongside expert analysis of the operational and strategic implications. Our reporting helps retail executives, store owners, ecommerce leaders, and supply chain professionals understand how these developments impact the wider retail landscape, offering insights into recovery plans, leadership decisions, and business transformation across physical and digital channels.
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Dec- 2025 -9 DecemberClothing & Shoes
River Island loss widens to £64m as restructuring takes hold
River Island has reported a pre-tax loss of £64m for the 52 weeks ended 28 December 2024, up from a loss of £33.2m the prior year, as the group saw its restructuring plan begin to take hold. It comes as turnover for the year fell by 7.1% to £537.0m, down from…
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8 DecemberHigh Street
Poundland to close 14 additional stores
Poundland has begun clearance sales at a further 14 stores as part of its closure programme, with discounts of up to 40% applied across remaining stock. Once these closures are complete, Poundland expects to operate a network of 650 to 700 stores across the UK and Ireland. The sales –…
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3 DecemberFeatures
Inside Quiz’s measured return to store expansion
Quiz Clothing is entering a new phase. After two difficult years marked by falling demand due to fading relevance with its core shopper, and a short spell in administration, the Glasgow-based fashion retailer is preparing to expand again. The business, which operates 40 UK stores and works with franchise and…
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Nov- 2025 -27 NovemberClothing & Shoes
Debenhams Group losses narrow despite revenue fall
Debenhams Group has reduced its statutory loss after tax to £3.4m for the six months to 31 August 2025, down from £126.7m a year earlier, despite a fall in revenue as the company continued its restructuring programme. The group reported revenues of £296.9m for the period in H126, down 23%…
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21 NovemberShopping Centres
Frasers acquires Braehead shopping centre for £220m
Frasers Group has acquired the 1.1 million sq ft Braehead shopping centre from SGS UK Retail in a £220m deal. The purchase adds one of Scotland’s largest retail destinations to the group’s holdings and forms part of its wider expansion strategy. The transaction follows a restructuring and refinancing of SGS…
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21 NovemberDIY
Hobbycraft profits plummet as revenue slips ahead of restructuring
Hobbycraft has reported a sharp fall in profits to £5.2m (FY24: £10.4m) as its sales also declined 1.1% to £215.9m in FY25. The group said operating losses increased largely due to a non-cash impairment of intangible and tangible assets and one-off costs linked to the sale of the business, which…
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21 NovemberClothing & Shoes
ASOS losses narrow in FY25 amid cost cutting strategy
ASOS has narrowed its adjusted losses before tax from £181.2m to £98.2m in the 52 weeks to 31 August, as cost reductions and a stronger full-price sales mix lifted profitability. The online retailer delivered adjusted EBITDA of £131.6m for the year, up £51.5m on 2024. Gross margin rose to 47.1%,…
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14 NovemberPeople Moves
Superdry appoints Nic Shaw as CFO
Superdry has announced the appointment of Nic Shaw as chief financial officer (CFO) and a member of the executive committee leadership team. Shaw brings more than 25 years’ finance experience across leading UK retailers and international markets, and has been part of Superdry since February 2023, most recently serving as…
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11 NovemberComment
Protecting your culture, identity, and people when inviting private equity investment
Private equity (PE) investment can provide a lifeline for struggling retailers with turnaround potential. PE firms can purchase these assets, install new management, and apply their expertise and network to get the business back to profitability, re-establishing its place in the market. For promising retailers, the capital, expertise, and commercial…
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Oct- 2025 -30 OctoberClothing & Shoes
Superdry returns to FY profit amid restructuring plan
Superdry has returned to profit in FY25 following a restructuring plan that included tight cost control, with pre-tax profits rising to £33.8m, up from a loss of £48.3m the prior year. This was largely driven by over £130m in SG&A savings, targeted cost reductions, and impairment reversals linked to lease modifications. …
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